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Currently all crypto -miners are faced with the problem of lower utilization, decreasing efficiency due to proof -of -work system, which is essential to mine cryptocoins. Issues such as growing competition and consolidation of miner pools, have added to the existing woes of crypto -miners, making their investments unfeasible. By using distributed computing, features of the cloud, and the benefits of block chain, we will be giving miners other options for revenue from GPU investment.
Miners will have the option to bid on the requests from users, and based on the smart contract system discussed earlier, all payments for usage will be secured.
This distributed cloud based model of processing, backed up by the blockchain network, is a compelling solution, because of the millions of users connected to the blockchain with underutilized capacity.
This would also bring existing GPU owners, with spare capacity, on to the network. Most of these GPUs remain idle, when they are not in use by their owner. Using Altumea could be an excellent potential source of revenue and monetization for such owners, by permitting their GPU to perform tasks in exchange for tokens, which could then be exchanged for cryptocurrencies and/or fiat currencies.

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Important news! Altumea has frozen the token sale campaign and here we explain why. Thank you for all your feedback and support! We’ll be back!
https://t.co/6MgYnVhKEM

2018-03-20 16:25:32

Altumea

@altumea_io

Did you know that #blockchain can be used to build the world’s largest #supercomputer? In fact, some folks have already made significant attempts in that direction. #Altumea, for instance
https://t.co/iNaBarHuLf

2018-03-16 19:02:04

Altumea

@altumea_io

We are often asked, “How does #Altumea differ from #Golem?” First, they are to solve different problems. Here we explain it in detail
https://t.co/hctfhsUb2M

2018-03-15 19:04:23

Altumea

@altumea_io

The public delivery model is estimated to dominate #GPU as a service market in 2024, according to Global Market Insight. Scientists and engineers need access to parallel computational power, which'll mean virtual machines with GPUs that are capable of high performance. https://t.co/KxR0eJ2fDa

2018-03-14 20:20:15

Altumea

@altumea_io

What is a #blockchain and how does it work? Here is an explanation why blockchains are so special in simple English
https://t.co/bJTb9JpIJ5

2018-03-13 19:47:06

Altumea

@altumea_io

Meet Andrey Nikolov, the man behind Altumea’s idea. We talked about decentralized computing, future of #blockchain and how #miners can help science.
https://t.co/m0U9fj9RGo

Did you know that we’ve upgraded our website? Now it has all the information you need to know about the #Altumea Project. #GPUcomputing #blockchain
https://t.co/ANhDLk8DBx https://t.co/mS0pXUwDd3

2018-03-08 21:04:00

Altumea

@altumea_io

From weather forecasting to neuroscience, from astrophysics to playing chess, supercomputers can help a wide range of researchers. Let's see how do scientists apply #supercomputers?
https://t.co/WHl2e9GYxa

2018-03-07 19:09:05

Altumea

@altumea_io

Over three million add-in boards (AIBs) were sold to cryptocurrency miners worth $776 million in 2017.
#GPUmarket https://t.co/iRlASdOnvv

2018-03-06 19:44:02

Altumea

@altumea_io

#Blockchain has become a powerful alternative to validating and securing transactions between the two parties, who do not completely trust one another or want to have additional guarantees. https://t.co/yWVdeA9oWj

2018-03-05 19:42:08

Altumea

@altumea_io

Global GPU as a service market is predicted to exceed $5 billion by 2024, according to a new research report by Global Market Insights. The market is booming due to an increase in demand for visual effects in gaming and entertainment apps. https://t.co/bPoRxP31RP

2018-03-02 18:49:20

Altumea

@altumea_io

Wonder what is a #supercomputer and how it works? We've got an answer here! https://t.co/N3LsjKATJk

2018-03-01 19:12:56

Altumea

@altumea_io

#Bitcoin-related technologies are making a revolution in property rights, banking, remote education, private law, and crowd-funding. Here is a TEDx talk about this process by tech entrepreneur and mathematician Charles Hoskinson.
#blockchain https://t.co/1DVt7iDUj3

2018-02-28 19:25:38

Altumea

@altumea_io

What to anticipate from the key players on GPU market in 2018.
Check our new post at medium and clap????
https://t.co/gVh8iXizz7

2018-02-27 20:25:29

Altumea

@altumea_io

Have any questions about Altumea? Join our Telegram group to be first to get announcements and talk directly with the team. #blockchain #GPUcomputing https://t.co/qLlYAX5nld

Over several decades, the GPU evolved from a single core, fixed function hardware used for graphics solely, to a set of programmable parallel cores. Let’s have a look at some milestones in the fascinating history of the GPU. https://t.co/71zaIPY02u https://t.co/Ogt84UNL89

#GPU as a service market was estimated at over $200m in 2016. Moreover, it is going to expand with a compound growth rate of 30% from 2017 to 2024, according to research from Global Market Insights. https://t.co/LNuRy7wAog

2018-02-20 21:13:05

Altumea

@altumea_io

The profitability of #cryptocurrency mining is expected to shrink over time, while the demand for advanced computation will only grow. Here comes distributed computing.#blockchain
https://t.co/PfAE8BBZ1v

2018-02-19 21:04:01

Altumea

@altumea_io

I just published “MEA Pre-Sale is Live!” https://t.co/Qo1lCV88eG

2018-02-19 17:26:39

Altumea

@altumea_io

Altumea Token Sale is NOW LIVE! https://t.co/ANhDLk8DBx

2018-02-18 23:31:32

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